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    21 S Us Highway 12 Volo, IL 60020

    Sponsored
    For Sale
    $429,900

    COMMERCIAL - Fox Lake, IL

    Lot size:
    0.34 Acres
    Days on Market:
    105
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 21 S Us Highway 12

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    05092000340000
    Lot size
    0.34 Acres

    Utilities

    Utilities
    Natural Gas Available
    Cooling system
    Window Unit(s), Central Air

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    4
    Building materials
    Vinyl Siding, Brick, Block
    Roof type
    Composition, Rubber

    Realty World Tiffany Real Estate (847) 395-1010 [email protected]

    Listing agent Jack Fields (847) 274-3958

    Listing date Sep 23, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 12 Investment Opportunity

    This four-unit building presents an investment opportunity for investors or owner-occupants. The property is located on Highway 12 in Fox Lake and offers high visibility. The building includes two side-by-side commercial units on the main level, along with an efficiency apartment unit. One of the commercial units is currently leased to a barber who has been a tenant for four years and wishes to remain. The second commercial unit is vacant, has been remodeled, and is ready for lease or owner occupancy. This unit also has access to approximately 440 square feet of finished office or storage space in the basement. The efficiency apartment is located at the rear of the building on the main level and features a combined bedroom and kitchen area, along with a bathroom. The second floor contains a large living room open to the kitchen, two bedrooms, a full bathroom, and access to a rooftop patio. The full basement is clean and provides space for mechanicals and storage. The building has been well-maintained and sits on two lots totaling 0.34 acres, with parking available for around 25 cars. The current tenants are on month-to-month leases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Volo
    County
    Lake
    State
    Illinois
    Longitude
    -88.183564
    Latitude
    42.395287

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    FAQs

    What type of property is this?
    Mixed-use property - Four-unit building on Highway 12 in Fox Lake.
    Where is this mixed-use property located?
    The property is located at 21 S Us Highway 12 Volo, IL.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - Four-unit building on Highway 12, ideal for investors or owner-occupants.; - Two commercial units: one leased to a long-term barber, the other recently remodeled and vacant.; - **The remodeled commercial unit features 440 sq ft of finished basement office/storage space.**
    (847) 274-3958
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    21 S Us Highway 12 Volo, IL 60020
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    Volo, IL 60020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 S Us Highway 12 Volo, IL 60020
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